Corporate
Jollibee reports cybersecurity breach, initiates protocols to protect data
Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
SM doubles SMAC membership to 10 million in 4 years; a boost to sales
SM Investments Corp., the listed investment holding company of the Sy Group, has solidified its position by establishing the largest retail rewards system in the Philippines, known as SMAC.
MPTC acquiring 35% of Jakarta toll operator
Metro Pacific Tollways Corp. is acquiring a 35-percent stake in a state-owned toll road operator in Jakarta in transactions seen completed this week.
Asset-light ABS-CBN projects positive cash flow towards year end
ABS-CBN Corp. on Thursday reported paring its loss by 18 percent in the first three months this year to P994 million from P1.2 billion in the same period last year.
Tuna catcher adds 8,000 MT to Frabelle’s annual catch
Frabelle Fishing Corp. has added another vessel to its tuna fishing fleet that will increase its annual catch by 8,000 metric tons (MT).
